July investment update: 28 deals worth $382 million
How 2022's investment scene is shaping up
Oft-promised, now delivered, my H1 2022 roundup of investments trends in the blockchain game and metaverse sector has been published on the Hiro Capital Medium.
Read it here or check out the video version here.
But as we’re already mid-August, surely it’s time for a quick-and-dirty-update?
Not to over-steam the caveats, given I know half a dozen companies are currently working on eight and nine figure raises, some of which are probably pretty sown up — one almost certainly announcing later this week — we need again be cognizant that when a funding round is announced is not necessarily when a funding round is technically completed.
By which I mean that just because the summer months of 2022 are quiet in terms of the announcement of blockchain gaming investments does not mean that the sector is quiet in terms of blockchain gaming investment activity.
But to the graph!
In terms of announced deals, July is the smallest month of 2022 to-date by a large margin.
During July, I recorded 28 deals worth $382 million, compared to 36 deals worth $516 million in June and 33 deals worth $1.4 billion in May.
For 2022 as a whole, I’ve recorded 241 deals in the blockchain gaming and metaverse sector worth $5.8 billion.
For 2021, I tracked 172 deals worth $4.2 billion, which gives some idea of the growth, despite the current temporary quietus.
P.S. At current rate, August will end up at 21 deals worth $227 million…
(P.S.S. I’d be very surprised if August doesn’t end up higher than July and also if the total amount invested during 2022 isn’t double that of 2021.)
((P.S.S.S. I’m going to release my list of blockchain game investors. If you’d like an early peek, please drop a line to blockchaingamingbiz@gmail.com. I’m looking for some feedback about what information is useful.))
This Substack is sponsored by Hiro Capital: Read its Medium.
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